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Andreessen Horowitz Backs TransferWise

Andreessen Horowitz has backed currency-transfer startup TransferWise, the London-based company said, in a sign of growing interest in London tech companies among U.S. investors. Andreessen Horowitz made its investment as part of a $58 million funding round, TransferWise said. Andreessen Horowitz partner Ben Horowitz will join the TransferWise board, the company said. TransferWise offers currency transfers at a price it says is significantly lower than those charged by traditional banks....